Free Essay

Pad 500 Assignment 3

In:

Submitted By lacg137
Words 1608
Pages 7
Assignment # 3 – The Concept of Program Reengineering

Strayer University
PAD 500: Modern Public Administration

3/10/2012
Table of Contents
Abstract…..………………………………………………………………………...….3
Mayor Schell’s Policy Choices…..……..………………………………..…………....4
Mayor Schell’s Pre-Implementation and Design Strategies…………………..............5
Reengineering the Program…..………….……...………….………..……….....….….6
Conducting Assessments.……………………………………………………………..8
References…………………………………………………………………………..…10
Abstract This assignment is about Mayor Paul Schell’s pledge for homeless families in Seattle, Washington. Mayor Schell on June 2, 1998 spoke to the press and pledge that there will be no homeless families with children and homeless single women on the streets of Seattle by Christmas 1998. This assignment will analyze the policies, strategies, and programs within his administration and the impact on them by his pledge. It will also study the implementation of the program. In addition, it will discuss the importance of the assessments prior to the implementation.

Analyze four (4) policy choices of Mayor Schell that were made as part of the strategy for the homeless. Mayor Paul Schell has several options to make to create a strategy about the homeless situation in Seattle. In the city the county committee had created its own strategy to attend the homeless condition. Even though, the county program has been in place for several years already their focus is in continuing supporting the existent shelters and services provided to the homeless, not to expand the capacity of them. Based on that, four policy choices Mayor Schell could had made as part of his strategy for the homeless are: 1) Convene a housing summit – “Schell promised to convene a housing summit immediately after his inauguration to develop strategies to address the unmet demand for affordable housing” (Hallway, 2010, p.5). The lack of affordable housing is one of the main reasons for the increasing numbers of homeless people in Seattle. Attacking the source of the problem is an assertive way to solve the problem. 2) Create more shelters or housing options for the homeless – the existent strategies of the King County Community Homelessness Advisory Committee did not provide for the expansion of the services. “These plans emphasize services to homeless people rather than just providing beds” (Hallway, 2010, p.1). Therefore an immediate plan needed to be put in place. 3) Support and expand the housing programs for homeless and people in need – the homeless population was affected by different factors. “The three major factors contributing to homelessness in King County are inadequate income, the high cost of housing, and personal or family problems, such as domestic violence, drug and alcohol abuse or mental illness” (Hallway, 2010, p.2). For that reason the continuous support to the programs that provide services to them, or even the expansion of these services at certain point needs to be considered as part of the solution. 4) Keep strengthening the support programs for transitional housing families – After these families and individuals are brought to the transitional housing programs the right support and guideline could make the difference between succeeding and keeping a permanent housing, or going back to the streets. As mayor Schell expressed “a critical step in providing lasting housing solutions for these families and individuals” (Hallway, 2010, p.1). Providing lasting housing, not only provisional housing should be the goal.

Analyze the Pre-Implementation and Design Strategies of Mayor Schell and interpret four (4) practical outcomes of his choices. Mayor Schell pre-implementation and design strategies are intimately related to the policy choices previously mentioned. His strategy is to decrease the number of homeless in the streets of Seattle before the Christmas 1998. He mentioned more specifically, homeless families with children and single women. He also stated his interest on designing a strategy to develop more affordable housing for those in need. As part of the implementation more capacity in the shelters or more shelters needed to be created and best support for the programs that provide services and immediate assistance to the homeless population. As possible outcomes from these strategies four (4) practical outcomes that could be mention are: 1) Successfully achievement of the goal – meaning that actually by Christmas 1998 all families with children and single women will be out of the streets of Seattle and in a temporary housing arrangement (shelter, transitional housing, etc.). 2) Re-design of the city programs – as result of the new strategy the county programs will be adjusted to serve the new goals of providing more capacity, and readjusted to provide services to the new individuals as the preexisting ones. 3) New housing programs – one of the first things Mayor Schell stated was his interest in facilitating more affordable housing. As a result of this strategy new housing programs could emerge as part of the effort. 4) Re-adjustment of the final goal – it is always a possibility that initial plan could not be achieved. From June to December it is only six months of difference. The city budget would need to be adjusted for the new necessities, and probably new funding would be necessary. These and other factors could affect the chances of success of the program.

Reconstruct four (4) steps taken by Mayor Schell to reengineer the program in order to fit the new objectives. The day after Mayor Schell communicated his pledge both Seattle newspaper dedicated its headlines to the new. According to Susan Byrnes (1998), “The mayor said … he would ask the City Council to immediately allocate $500,000 for additional shelter beds, short-term rent assistance to families about to be evicted and hotel vouchers for homeless women and children. Schell also released a list of 11 ways ordinary citizens can help address homelessness, including respecting and being kind to them” (The Seattle Times, para.2). Through this declaration the four (4) steps taken by Mayor Schell to reengineer the program are easy to identify. 1) Convocation of the housing summit – to be able to immediately allocate $500,000 for the program the Mayor needed to summit all the components involved in this planning process. From the County committee, city staff, and any private organization related with the program. 2) Building new shelters - identifying the most viable and more economically manageable options, it was possibly one the first steps done by Mayor Schell and the committee in charge. 3) Re-strengthening the support programs for homeless - supporting programs like short-term rent assistance to families about to be evicted, hotel vouchers for homeless women and children and low income housing was another step taken by the Mayor. 4) Involve the community and organizations – acknowledging the community of the need of them be part of the solution could be really helpful and make a change in the final outcome. In addition, appealing to organizations, from non for profit organizations to private organizations, which their services and products will contribute and add to the realization of the main goal, is a well needed step in the search for more opportunities for the homeless population.

Analyze four (4) reasons for the importance of conducting assessments prior to new program implementation. Four (4) reasons for the importance of conducting assessments prior to the implementation of the new program are: (1) To confirm the data and/or statistics are correct – Alan Painter said “Schell’s pledge raised the stakes and the scrutiny of the homeless street count” (Hallway, 2010, p.6). Any budget or plans created as part of the organizations previous to implementing a program need to be based in accurate information, real numbers, and realistic expectations. Alan Painter also “wonders who will be counting and how they will do so” (Hallway, 2010, p.7). (2) Organization and classification of the data obtained – it is not only critical to know the exact numbers of homeless people but to classify it in the different groups that compose them. Mayor Schell pledge was directly addressed to homeless families with children and single women. Thus, it is important to determine the specific numbers of each group to be served. (3) Determine the physical areas to be impact – the strategically location of the new shelters need to be useful or serve for the purpose. Painter “wonders what effect the pledge will have on the supply and demand of shelter space” (Hallway, 2010, p.6). Determine the necessities by areas would clarify the kind of resources needed for that specific location and population. (4) To determine the cause and effect – “factors beyond the City’s control have a significant impact on the number of homeless people” (Hallway, 2010, p.6). Determine the cause or factors that affect the homeless population have an immediate effect in the services and support programs needed to help them. Factors like domestic violence, drugs, unemployment, and insufficient income determine the type of services essential to provide an effective program that will assist this families and individuals to succeed in the future.

References

Byrnes, S. $500,000 Targeted for homeless -- Schell vows to get them off streets. The Seattle

Times. (1998, June) Retrieved March 6, 2012 from http://community.seattletimes.

nwsource.com/archive/?date=19980603&slug=2754206

Coordinated strategy to prevent homelessness. The United States Conference of Majors.

Retrieved March 5, 2012 from http://www.usmayors.org/bestpractices/homeless/

seattle_wa.htm

Fahrenthold, D. A. . Christmas miracle for homeless?. The Seattle Times. (1998, August)

Retrieved March 6, 2011 from http://community.seattletimes.nwsource.com/archive/

?date=19980824&slug=2768241

Homelessness in Seattle: Planning methods in public policy. Policy Penguin (2011, November)

Retrieved March 5, 2012 from http://policypenguin.blogspot.com/2011/11/homelessness-

in-seattle-planning.html

Mayor Schell’s zero homeless family pledge. The Electronic Hallway. (2010) Retrieved March 4, 2012 from http://glennschool.osu.edu/faculty/brown/home/812%20Strategy/2010/ schell.pdf [pic][pic][pic][pic][pic][pic]

Similar Documents

Premium Essay

Pad 500 Assignment 3

...The Good, The Bad, The Ugly Donavan Crews PAD 500, Modern Public Administration Professor Joseph Keller Strayer University October 26, 2014 Introduction President Barack Obama is very driven in his mission to make sure that every child within the United States is afforded a high quality education leading them on their pathway of future success. He believes that by educating every child and giving them a complete and competitive education, from preschool through college will create an economy that is built to last. President Obama has advanced his education reform based on four key objectives: * Higher standards and better assessments that will prepare students to succeed in college and the workplace * Ambitious efforts to recruit, prepare, develop, and advance effective teachers and principals, especially in the classrooms where they are most needed * Smarter data systems to measure student growth and success, and help educators improve instruction * New attention and a national effort to turn around our lowest-achieving schools (Whitehouse.gov). White House Issue Education policy are principles and government policy-making within the education realm, as well as the assembly of rules and regulations which administer the operation of education systems. This policy will support the Obama Administration and their efforts in education reform. Education takes place in many different forms and for many purposes throughout many establishments. These...

Words: 1168 - Pages: 5

Premium Essay

Pad 500 Week 3 Assignment Public Administration

...A++PAPER;http://www.homeworkproviders.com/shop/pad-500-week-3-assignment-public-administration/ PAD 500 WEEK 3 ASSIGNMENT PUBLIC ADMINISTRATION Assignment 1: Public Administration ‒ The Good, The Bad, The Ugly Due Week 3 and worth 210 points The purpose of the assignments is to introduce students to the field of public administration and nonprofit organizations by assuming the role as a public administrator in a surreal environment. Each assignment builds upon the previous assignment allowing the public administrator to gradually develop an understanding of how public administration and its policies are addressed on all levels of government. In this first assignment, the public administrator selects a policy issue and evaluates its impact. For this assignment, you will use the readings and e-Activities from Weeks 1 through 3. Select one (1) issue of your interest from the White House Issues Page (i.e., the e-Activity from Week 1) . Use the basic outline below to draft your paper. Organize your responses to each question (except Question 5) under the following section headings: White House Issue (for Question 1) Public Policy(for Question 2) Policy Modification(for Question 3) The Constitution(for Question 4) Write a four to five (4-5) page paper in which you: Develop a brief overview (i.e., no more than one [1] paragraph) of the selected issue. Recommend one (1) type of public policy out of the four (4) mentioned within...

Words: 614 - Pages: 3

Premium Essay

Assignment 4 Fiscal Budget Project Analysis

...November 18, 2012 PAD 500 Inez Blair Assignment 3 The payback period for Option A is 7.9 years, well over the critical acceptance level of 2.75 years. The payback period for Option B is 5 years, which is a somewhat closer to the critical acceptance level. The net present value for Option A is $2,115,031.84 and the net value for Option B is $2,987,257.56. The internal rate of return for Project A is 24% while the internal rate of return for Project B is 65%. The required return is 12%. Project B seems to be the best choice. The cumulative cash flow is greater than Option A. The net present value for Project B is almost equal to the original capital costs of the project. Benefits and returns are front loaded for Project B while Project A’s benefits are end loaded. Because Project B’s returns are front loaded, it will pay for itself much faster than Project A with much less risk involved. Operating and maintenance costs for Project B are more than Project A but the benefits far exceed the operating costs. Operating costs for Project A are less than Project B but with a slower return on investments. In order to justify implementing both projects, the net present value of each project must be examined. Both projects have a net present value almost equal to the capital cost of the project. Project A could try to find a way to decrease its capital costs while increasing its returns at a faster rate. Some of the benefits of Project B in the first few years could...

Words: 291 - Pages: 2

Premium Essay

Good Art

...STA1610/101/3/2016 Tutorial Letter 101/3/2016 Introduction to Statistics STA1610 Semesters 1 & 2 Department of Statistics IMPORTANT INFORMATION: This tutorial letter contains important information about your module and includes the assignment questions for both semesters. BAR CODE Learn without limits. university of south africa CONTENTS Page 1 INTRODUCTION ..................................................................................................................4 1.1 Tutorial matter.......................................................................................................................4 2 PURPOSE OF AND OUTCOMES FOR THE MODULE ..........................................................5 2.1 Purpose ...............................................................................................................................5 2.2 Outcomes.............................................................................................................................5 3 LECTURER(S) AND CONTACT DETAILS .............................................................................6 3.1 Lecturer(s)............................................................................................................................6 3.2 Department ..........................................................................................................................6 3.3 University ........................................................................

Words: 12644 - Pages: 51

Free Essay

Marketing

...have specialized training and experience in airframe and power plant maintenance. Skilled in operational testing, check out, and troubleshooting of all orbiter systems. Work well with company and customer quality control inspectors. Trained in OSHA requirements pertaining to safety. Education: Two terms remaining for a BS in Professional Aeronautics Embry-Riddle Aeronautical University - GPA 4.0 * Minor in Management * Minor in Airport Management Certified Aerospace Technician – SpaceTec 3/22/06 * Work shop - Introduction to Composites – 1/18/07 * Work shop - Composite Inspection and Repair – 6/07/07 * Work shop - NDT starting 3/21/09 Work History: June 1996 to March 2009 Sr. Aerospace Technician Lead United Space Alliance 8550 Astronaut Blvd. Cape Canaveral, FL 32920 As the shop lead, I was responsible for the day-to-day operations of the Forward shop in the VAB and at Pad A on 3rd shift. This included works with, develops, plans, and provides work assignments to lower level employees. I also resolved issues according to procedures and established guidelines while maintaining the required training and certifications to perform all assigned duties. . * Functioned as a Task Team Leader * Space Craft Operator – Power up/down the orbiter, worked with all system engineering groups during complex testing and troubleshooting. Position switches in the cockpit as required to maintain orbiter systems. Certified to relieve Flight Crew after landing. ...

Words: 939 - Pages: 4

Free Essay

Mgt501: Management and Organizational Behavior

...TUI UNIVERSITY Module 2 Case Assignment MGT501: Management and Organizational Behavior Dr. Frank P. Nolan In Module twos case assignment we will be taking a look at the mega-giant internet company Google. More specifically, I will focus on Google’s corporate values and goals concerning their employees and customers. We will then see how these values and goals translate into a combined business model which creates job satisfaction and motivates the people who work there. I will provide Google’s business philosophy which consists of ten ideals that the company operates on. Also, I will use some additional sources and personal experiences I have found online. Next, I will explain whether or not Google’s business model is one that everyone should adopt. It is working so great for them, would it work great for everyone? Lastly, I will conclude by briefly reviewing what was discussed in this assignment. Before we can understand Google’s values and goals as a business we need to know what they are. Google.com provides a list of 10 philosophies the company tries to always live by: 1. Focus on the user and all else will follow: specifically ensuring that they are ultimately there to serve “you”, the user, and not their internal goals and bottom lines. 2. It’s best to do one thing really, really well: while the company is involved in a multitude of other projects, their true bread and butter is Google search. They have one of the world’s largest research groups dedicated...

Words: 1431 - Pages: 6

Free Essay

Quality Planning

...UTS: ENGINEERING Assignment Cover Sheet STANDARD and BLOCK Mode SUBJECT NAME: QUALITY PLANNING AND ANALYSIS SUBJECT NUMBER: 49309 ASSIGNMENT NUMBER: ASSIGNMENT 1 STUDENT LAST NAME: LUU STUDENT FIRST NAME: THIET XIEU STUDENT ID: 11311848 Declaration of Originality: The work contained in this assignment, other than that specifically attributed to another source, is that of the author(s) and has not been submitted in any other subject or published elsewhere before. It is recognised that, should this declaration be found to be false, disciplinary action could be taken and penalties imposed in accordance with University policy and rules. Signature: __________________________________ THIET XIEU LUU - 11311848 2012 TABLE OF CONTENTS 1. 2. Introduction ................................................................................................................... 3 Customer satisfaction ..................................................................................................... 5 2.1 2.2 2.3 Stakeholder identification ................................................................................................... 5 Methods for capturing customer needs................................................................................ 6 Customer needs identification ............................................................................................ 9 3. Design requirements ..............................

Words: 6702 - Pages: 27

Premium Essay

The Innovation Cycel of the Post It Note

...“If I had thought about it, I wouldn't have done the experiment. The literature was full of examples that said you can't do this.” - Spencer Silver on the work that led to the unique adhesives for 3-M Post-It Notepads. Innovation has been described by The Oxford Dictionary as the introduction of new things, ideas or ways of doing something. The Post-it Note is a product so conceptually simple, that in the technologically advanced time we live in, we have been almost desensitised to its brilliant innovation. The innovation of the Post It Note went through a number of distinct stages and processes. In this assignment I will attempt to give a clear and cohesive analysis starting from the earliest ideas of the Post It right through to the products available today. 3M The physical invention of the post it spanned over a period of 10 years, however, I believe the earliest derivation of the modern day Post It Note can be traced back to the very establishment of the 3M Company itself. In 1902 the business got off to a rather bad start when a group of investors by mistake bought a mountain containing worthless mineral to start a business to mine corundum to manufacture sand paper). Unsurprisingly the company did not generate profit for 14 years. Seemingly spurred on by their less than successful origins, 3m have since always strived to create a working environment in which innovation can flourish. Brand (1998) on the topic of 3m states that “to guarantee such conditions are in place...

Words: 2925 - Pages: 12

Free Essay

Centralia Mines

...THE BLAST IN CENTRALIA NO. 5 (Assignment #1) By Kareen Tompkins; July 2013 Class: PAD 500 (STRAYER UNIVERSITY) (MODERN PUBLIC ADMINISTRATION) Dr. Shelley Taylor In 1947, One hundred eleven men were killed in an explosion that took place at the Centralia No. 5 mines located in the state of Illinois. The explosion was caused by highly explosive coal dust that was ignited by an explosive charge. During that time, Driscoll Scanlan was one of l6 Illinois state mine inspectors, appointed by Governor Green. He was given the responsibility of policing the mines as well as the operators. Additionally, it was his duty to make sure that the company was in compliance with state mining laws and followed all safety regulations. Mr. Scanlan had a reputation of being stubborn, righteous; was considered to have fierce integrity and took his job very seriously. He considered the Centralia No. 5 Mine to be the worst in his district. He reported numerous safety code violations, both minor and major and made several recommendations to assist the company with solving the problem. Mr. Scanlan did report this problem to Robert Medill, Illinois Director of the Department of mines and minerals. At the time, believing he could get the company to clean up the mine, he informed the Director that he talked the officers of the local union out of bringing charges against the mine manager, Mr. Brown and not have his certificate canceled. Mr. Scanlan should have let the union continue...

Words: 1062 - Pages: 5

Premium Essay

Assignment #1 Public Administration- the Good, the Bad, the Ugly

...Assignment #1 Public Administration- the Good, The Bad, The ugly William T. Thompson Prof. Neely PAD 500 Modern public Administration: Managing Public and nonprofit Organizations To understand how to solve a problem, we must first understand what we are trying to fix. For example, can a carpenter without any medical experience repair a heart valve? Of course not, he or she must first obtain the proper education necessary to perform such a complex operation. The same can be said about the American education system. Throughout America’s history parents, educators, and government officials have been debating what changes must be implemented for American children to receive every opportunity possible to gain an education that will prepare them for the future. the one type of public policy the education system would be suited for is by way of distributive polices because “ of its most common form of government policy where it uses general tax revenues to provide benefits to individuals or groups, often by means of grants or subsidies and other educational assistance”(blanc,denhardt,denhardt,2014,pg.55). The educational system in our country has changed over the years to accommodate all students with special needs and learning disabilities’ will touch on two (2) positive programs and two (2) negative programs. The first would be special...

Words: 1518 - Pages: 7

Free Essay

Centriala Case No 5

...Assignment 1: Week 3 Centralia No. 5 PAD 500 Modern Public Administration Presented to Dr. Mark Pantaleo By Anthony McKenzie April 22, 2012 Driscoll O Scanlon was highly recommended by a state delegate to Dwight Green the governor of Illinois. The governor had promoted him to the position of mine inspector for district No.5 Driscoll Scanlon had started working for Centralia Oil Company, since the age of 16 at one of the mines closet to where he lived. Scanlon attended school at night, to get his degree in engineering, and worked for the Centralia Oil Company for 13 consecutive years as a mining inspector (Stillman, 2010). The Centralia coal mine explosion was an incident, that shouldn’t have transpired in the first place. This didn’t occur overnight, it was some years prior before the explosion had happened. Both Scanlon and other inspectors were sending negative reports about the condition of this mine. As a result, these reports were being disregarded. By both state and federal agencies that were responsible for taking care of these mines. They were forewarned before the Centralia coal mine explosion that had transpired on March 25, 1947 (Fledge, 2009), as a person assigned to the position of an inspector, some of Scanlon’s duties include the following: He is responsible for recommending to officials and workmen about different alternatives in regards to safety in all different stages; He is also in charge of...

Words: 1323 - Pages: 6

Free Essay

Assignment #1 Public Administration- the Good, the Bad, the Ugly

...Assignment #1 Public Administration- the Good, The Bad, The ugly William T. Thompson Prof. Neely PAD 500 Modern public Administration: Managing Public and nonprofit Organizations To understand how to solve a problem, we must first understand what we are trying to fix. For example, can a carpenter without any medical experience repair a heart valve? Of course not, he or she must first obtain the proper education necessary to perform such a complex operation. The same can be said about the American education system. Throughout America’s history parents, educators, and government officials have been debating what changes must be implemented for American children to receive every opportunity possible to gain an education that will prepare them for the future. the one type of public policy the education system would be suited for is by way of distributive polices because “ of its most common form of government policy where it uses general tax revenues to provide benefits to individuals or groups, often by means of grants or subsidies and other educational assistance”(blanc,denhardt,denhardt,2014,pg.55). The educational system in our country has changed over the years to accommodate all students with special needs and learning disabilities’ will touch on two (2) positive programs and two (2) negative programs. The first would be special...

Words: 1518 - Pages: 7

Free Essay

Mff Case

...A GROUP ASSIGNMENT REPORT TO Develop an Induction Program for New Recruits (faculty members joining) BITS Pilani, Pilani Campus By GROUP - 2 C.V.R.SRI HARSHA NEELESH PILLA S.SIVA NAGENDRA K.DINESH VENKAT NIKITHA ANNE 2014H149223P 2014H149262P 2014H149284P 2014H149229P 2014H149283P Master of Business Administration Birla Institute of Technology and Science – Pilani CONTENTS TOPIC 1. Introduction 2. Schedule and Implementation Details 3. Budget 4. Appendix 1(Checklist) 5. Appendix 2(Feedback Form) 6. Appendix 3(Map) 7. Conclusion PAGE No: 1 1 6 7 8 10 10 BITS PILANI, Pilani Campus‐FACULTY INDUCTION PROGRAM‐2014  INTRODUCTION: The Induction program for new recruits (30 faculty members joining) BITS Pilani, Pilani Campus has been designed so as to support their growth and professional development. It is scheduled for three days, each having four slots. The structure of the Induction Program follows a “10-Point Program”, which involves these 10 points as the integral part of Schedule and implementation details.  Introduction to BITS Pilani  Review of important policies and practices  Overview of benefits and services  Enrollment in benefit plan  Completion of various documents  Statement of employer expectations  Discussion of Organization programs  Introduction to co-workers  Tour of facilities  Support on the job SCHEDULE AND IMPLEMENTATION DETAILS: DAY1 (DD/MM/YYYY): FACULTY REGISTRATION PROGRAM: TIMINGS 9.00AM-11.15 AM MORNING SLOT 11.30 AM-1.15...

Words: 2055 - Pages: 9

Premium Essay

Making a Financial Case

...c | | |1 |Understand financial concepts used to inform management decisions | | |1.1 |Explain the differences between capital and revenue expenditure using examples | | | |Starting up a business involves a considerable amount of research notwithstanding knowledge of the market you wish to compete but | | | |also the necessity to understand different terminology associated with financial management in order to run the business | | | |appropriately. | | | |Capital expenditure is money invested by a company to acquire or upgrade fixed, physical, non consumable assets, such as buildings, | | | |machinery and equipment or a new business. Assets acquired by incurring these expenditures are utilized by the business for a long | | | |time and thereby they earn revenue. Capital expenditure also incurred for the purpose of increasing profit earning capacity or | | | |reducing cost production. Sometimes this expenditure even not resulting in the increase of profit earning capacity but acquires an | | | |asset comparatively permanent in nature. ...

Words: 3214 - Pages: 13

Premium Essay

Marketing

...Subject: Production & Operation Management Topic: Solve problems Assignment No: 2 Submitted To: Sir Usman Waris Submitted By: Ayesha Hamid Question No 1. See-Clear Optics is considering producing a new line of eyewear. After considering the costs of raw materials and the cost of some new equipment, the company estimates axed costs to be $40,000 with a variable cost of $45 per unit produced. a) If the selling price of each new product is set at $100, how many units need to be produced and sold to break even? Use both the graphical and algebraic approach? b) If the selling price of the product is set at $80 per unit, See-Clear expects to sell 2000 units. What would be the total contribution to profit from this product at this price? c) See-Clear estimates that if it offers the price at the original target of $100 per unit, the company will sell about 1500 units. Will the pricing strategy of $100 per unit or $80 per unit yield a higher contribution to port? Solution (a) Fixed Cost= $40000 Variable Cost= $ 45 per unit Selling Price= $100 Break Even Quantity=Fixed CostSelling price per unit-Variable cost per unit Break Even Quantity=$40000$100-$45 Break Even Quantity=$40000$55 Break Even Quantity=728 units (b) Selling Price= $80 Expected Sales (Q) = 2000 units Contribution to Profit= Total Revenue – Total Cost Contribution to Profit= SP (Q) – [FC+VC (Q)] Contribution to Profit= $80(2000) – [$40000+$45(2000)] ...

Words: 3129 - Pages: 13